Universal Electronics amends credit agreement; allows $13M additional debt and $11.5M Bank of China lien

UNIVERSAL ELECTRONICS INC

Eighth Amendment to credit agreement with U.S. Bank raises Other Indebtedness cap to $13M.
Permits lien in favor of Bank of China up to $11.5M, excluding US property.
New covenant limits China cash balances to $5M for any 3 consecutive business days.
Universal Electronics BV reaffirmed its guarantee under the amended agreement.

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